EXCLUSIVE-VW battery unit rules out IPO until factories running, unified cell in use

From Nasdaq:

Volkswagen won’t consider a battery unit IPO until factories are running and a unified battery cell is in use, delaying any potential listing until 2026. The unit aims for 20 billion euros in sales by 2030 and has announced three new battery cell factories for 2025-2027. Capital-market enthusiasm for EVs has cooled, affecting IPO plans.



Read more at Nasdaq: EXCLUSIVE-VW battery unit rules out IPO until factories running, unified cell in use